Enviri executive converts RSUs, withholds shares for tax
Enviri Corp executive Christophe Reitemeier, President–Harsco Environmental, exercised 7,894 restricted stock units into the same number of common shares at a price of $0.00 per share.
Rhea-AI Filing Summary
Enviri Corp executive Christophe Reitemeier, President–Harsco Environmental, exercised 7,894 restricted stock units into the same number of common shares at a price of $0.00 per share. To cover tax obligations, 3,711 common shares were disposed of at $18.16 per share. After these transactions, he directly owned 31,892 common shares. The restricted stock units were granted under the 2013 Equity and Incentive Compensation Plan and vest in one-third increments on each of the first three anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,894 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,894 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,711 | $18.16 | $67K |
Footnotes (1)
- F1. Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant.
FAQ
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What insider transactions did Enviri (NVRI) report for Christophe Reitemeier?
Who is Christophe Reitemeier in relation to Enviri (NVRI)?
What happened to the 7,894 restricted stock units reported for Enviri (NVRI)?
How do Enviri (NVRI) restricted stock units for Christophe Reitemeier vest?
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